Nucor Reports Results for the Third Quarter of 2024
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Nucor (NUE) PT Lowered to $129 at CFRA
October 22, 2024 3:58 PM EDTCFRA analyst Matthew Miller lowered the price target on Nucor (NYSE: NUE) to $129.00 (from $131.00) while maintaining a Sell rating.
The analyst comments "We decrease our 12-month target by $2 to $129, which assumes NUE will trade at an EV/EBITDA of 6.8x our 2025 EBITDA... More
